Madagascar: The African Development Bank extends €14 million loan to support industrial and financial sectors

On Wednesday 28 October the African Development Bank approved support for Madagascar’s industrial and financial sectors with a loan of €14.52 million (12.08 million UA) through the African Development Fund, Bank's concessional-rate loan arm. The Industrialization and Financial Sector Support Project (PAISF) will bolster Madagascar’s industrial sector, with the aim of reducing poverty by creating decent employment and promoting investment. […] Read More